Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Chester County, PA

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Chester County, PA
Series ID MHICILBPA42029A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2023-01-01
Last Updated 2024-12-20 2:32 AM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 39033
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45495
1994-01-01 .
1995-01-01 52369
1996-01-01 .
1997-01-01 56558
1998-01-01 57472
1999-01-01 58960
2000-01-01 61750
2001-01-01 62134
2002-01-01 63536
2003-01-01 64116
2004-01-01 65866
2005-01-01 70464
2006-01-01 75053
2007-01-01 81023
2008-01-01 83608
2009-01-01 78693
2010-01-01 81399
2011-01-01 76020
2012-01-01 79372
2013-01-01 80601
2014-01-01 82405
2015-01-01 88266
2016-01-01 89915
2017-01-01 93596
2018-01-01 95985
2019-01-01 98601
2020-01-01 102308
2021-01-01 106476
2022-01-01 112967
2023-01-01 117920

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